Rentokil Initial plc (LON:RTO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 627.89 ($7.91).
A number of research analysts have commented on RTO shares. Royal Bank of Canada restated an “outperform” rating and issued a GBX 670 ($8.45) price objective on shares of Rentokil Initial in a research note on Monday, July 3rd. Barclays increased their price objective on Rentokil Initial from GBX 650 ($8.19) to GBX 700 ($8.82) and gave the stock an “overweight” rating in a research report on Monday, July 3rd. HSBC reiterated a “hold” rating and issued a GBX 665 ($8.38) target price on shares of Rentokil Initial in a research note on Wednesday, May 17th. Finally, Jefferies Financial Group increased their price target on Rentokil Initial from GBX 640 ($8.07) to GBX 740 ($9.33) and gave the stock a “buy” rating in a report on Wednesday, May 17th.
Insider Transactions at Rentokil Initial
Rentokil Initial Stock Performance
Shares of Rentokil Initial stock opened at GBX 596.80 ($7.52) on Wednesday. The firm’s fifty day simple moving average is GBX 611.59 and its 200-day simple moving average is GBX 597.71. Rentokil Initial has a 12 month low of GBX 458 ($5.77) and a 12 month high of GBX 663.80 ($8.37). The stock has a market capitalization of £15.04 billion, a price-to-earnings ratio of 4,973.33, a PEG ratio of 1.61 and a beta of 0.42. The company has a debt-to-equity ratio of 120.62, a current ratio of 1.13 and a quick ratio of 1.76.
Rentokil Initial Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 3rd will be issued a GBX 2.75 ($0.03) dividend. This represents a yield of 0.43%. The ex-dividend date is Thursday, August 3rd. Rentokil Initial’s dividend payout ratio (DPR) is currently 6,666.67%.
Rentokil Initial Company Profile
Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.
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